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tomgates

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Everything posted by tomgates

  1. All the gringo stores, Pancho's and SuperLake, had the hard shells and the taco seasoning packets.
  2. What I posted is from the IRS's website. I recall some issues in the past concerning managing a non-profits funds. In the US, the organization would get a taxpayer identification number and use that in opening an account to hold funds. In Mexico that isn't so easy.
  3. Just Google FBAR and FATCA. This is from the IRS website regarding FBAR. Note the filing threshold is $10,000us or more at "any point in the calendar year. Every year, under the law known as the Bank Secrecy Act, you must report certain foreign financial accounts, such as bank accounts, brokerage accounts and mutual funds, to the Treasury Department and keep certain records of those accounts. You report the accounts by filing a Report of Foreign Bank and Financial Accounts (FBAR) on FinCEN Form 114. Who Must File A United States person, including a citizen, resident, corporation, partnership, limited liability company, trust and estate, must file an FBAR to report: a financial interest in or signature or other authority over at least one financial account located outside the United States if the aggregate value of those foreign financial accounts exceeded $10,000 at any time during the calendar year reported. Generally, an account at a financial institution located outside the United States is a foreign financial account. Whether the account produced taxable income has no effect on whether the account is a “foreign financial account” for FBAR purposes. But, you don’t need to report foreign financial accounts that are: Correspondent/Nostro accounts, Owned by a governmental entity, Owned by an international financial institution, Maintained on a United States military banking facility, Held in an individual retirement account (IRA) you own or are beneficiary of, Held in a retirement plan of which you’re a participant or beneficiary, or Part of a trust of which you’re a beneficiary, if a U.S. person (trust, trustee of the trust or agent of the trust) files an FBAR reporting these accounts. You don’t need to file an FBAR for the calendar year if: All your foreign financial accounts are reported on a consolidated FBAR. All your foreign financial accounts are jointly-owned with your spouse and: You completed and signed FinCEN Form 114a authorizing your spouse to file on your behalf, and your spouse reports the jointly-owned accounts on a timely-filed, signed FBAR. Note: Income tax filing status, such as married-filing-jointly and married-filing-separately has no effect on your qualification for this exception. The FBAR Reference Guide PDF) and FBAR instructions PDF provide more detailed information. The FBAR webinar explains how to calculate the aggregate value of your accounts to figure if you need to file an FBAR. When to File The FBAR is an annual report, due April 15 following the calendar year reported. You’re allowed an automatic extension to October 15 if you fail to meet the FBAR annual due date of April 15. You don’t need to request an extension to file the FBAR. If you are affected by a natural disaster, the government may further extend your FBAR due date. It’s important that you review relevant FBAR Relief Notices for complete information. For certain employees or officers with signature or other authority over, but no financial interest in certain foreign financial accounts, the 2018 FBAR due date is deferred to April 15, 2020. See Notice 2018-1 PDF. How to File You must file the FBAR electronically through the Financial Crimes Enforcement Network’s BSA E-Filing System. You don’t file the FBAR with your federal tax return. If you want to paper-file your FBAR, you must call FinCEN’s Regulatory Helpline to request an exemption from e-filing. See Contact Us below to reach this Helpline. If FinCEN approves your request, FinCEN will send you the paper FBAR form to complete and mail to the IRS at the address in the form’s instructions. IRS will not accept paper-filings on TD F 90-22.1 (obsolete) or a printed FinCEN Form 114 (for e-filing only). If you want someone to file your FBAR on your behalf, use FinCEN Report 114a PDF, Record of Authorization to Electronically File FBARs, to authorize that person to do so. You don’t submit FinCEN Report 114a when filing the FBAR; just keep it for your records and make it available to FinCEN or IRS upon request. Keeping Records You must keep records for each account you must report on an FBAR that establish: Name on the account, Account number, Name and address of the foreign bank, Type of account, and Maximum value during the year. The law doesn’t specify the type of document to keep with this information; it can be bank statements or a copy of a filed FBAR, for example, if they have all the information. You must keep these records for five years from the due date of the FBAR. Exception: An officer or employee who files an FBAR to report signature authority over an employer's foreign financial account doesn’t need to personally keep records on these accounts. The employer must keep the records for these accounts. Penalties You may be subject to civil monetary penalties and/or criminal penalties for FBAR reporting and/or recordkeeping violations. Assertion of penalties depends on facts and circumstances. Civil penalty maximums must be adjusted annually for inflation. Current maximums are as follows: U.S. Code citation Civil Monetary Penalty Description Current Maximum 31 U.S.C. 5321(a)(5)(B)(i) Foreign Financial Agency Transaction - Non-Willful Violation of Transaction $12,921 31 U.S.C. 5321(a)(5)(C) Foreign Financial Agency Transaction - Willful Violation of Transaction Greater of $129,210, or 50% of the amount per 31 U.S.C.5321(a)(5)(D) 31 U.S.C. 5321(a)(6)(A) Negligent Violation by Financial Institution or Non-Financial Trade or Business $1,118 31 U.S.C. 5321(a)(6)(B) Pattern of Negligent Activity by Financial Institution or Non-Financial Trade or Business $86,976
  4. We recently did the reverse move and used Strom White. Excellent service. It was about $2500 per lift-van (a wood container 7' high, 7'wide and 4'deep) and that was from Ajijic to South Carolina. You being in CA, would probably be a bit cheaper. Lots of furniture can be had in Tlaquepaque and Replicas & Originals ( https://tequilasource.com/ornelas/index.html ) in Tonola. A variety of resale shops locally. Same with mattresses. Also Liverpool in Guadalajara. As others have said, bring your kitchen stuff, bedding and bath linens, personal stuff, art, etc.
  5. tomgates

    Mexa Bistro

    New place where El Serape, and most recently, Bobby's is located. On the Carretera across from Blue Rose Bistro. Phone is 376-108-2309. They deliver.
  6. If you drive out and fly back, then give INM (at immigration in the GDL airport) the filled out upper half of the form that you would have retained had you flown out and given them the lower half of form. I have never interacted with INM at the border when driving out or back in.
  7. Correct but only recently MI, CA, WA, OR and NY had locked down restaurants, bars, etc.
  8. Mostly Lost was right on in his comments about government actions. There is no logic in letting Home Depot open but a small business closed. Or a church being only allowed to have 10 people regardless of how large the church is. Here in S Carolina, businesses have been open for months now. Yes, people were masks and socially distance. Stats here are little different from states that are completely locked down. I recently read something that said there is 1.3% chance of getting the virus in a restaurant with table spacing and an 87% chance of getting it in a multi-generational residence.
  9. That is why I would have them give me several extra caps.
  10. No mention in that article on how to make it.
  11. The baby backs at Costco, as well as the spare ribs, are US pork and good for home use. Pancho's and SuperLake carry Stubbs bbq sauce, which in my opinion is the best bottled sauce. If you want to make a simple, but very good sauce, the one from Franklin Barbecue in Austin: 1 3/4 C ketchup 1/2C + 2 T water 1/4C + 1 T cider vinegar 1/4 C + 1 T white vinegar 1/4C + 1 1/2 t brown sugar 2 T + 1 1/2 t Worcestershire 1 T chile powder 1 T ground cumin 1 1/2 t Kosher salt 1 1/2 t coarse black pepper Combine all ingredients and warm over med heat. No need to boil. Notes--the chile powder I split between regular and chipotle. I also add a bit of cayenne. I would cut the cumin a little.
  12. We had a car totaled in 2010. The insurance company (Parker) helped us. We got the sticker off the car and a letter from the insurance company saying they took possession of the vehicle. Ours was a US plated car.
  13. Typical. Political machinations and manipulation interfering with citizen sevices. Patti
  14. There is also a percentage fee/tax based on the value of the car.
  15. I had a big surplus of Kwh from 2010 onwards and never did CFE take them away. As we migrated from part time to full time, that surplus was gradually worked off. There was always talk of resetting the account at the beginning of each year but I never had mine reset.
  16. Where would you get one of those specific tests?
  17. Tio Sams can have a qualified Samsung repair person come to you.
  18. Between Liverpool and the Kitchen Store in Galerias there is a good selection of grinders. Kitchen Store is on the upper level at the opposite end of the mall from Liverpool. Of course the above mentioned Amazon or Amazon Mexico is there for you too.
  19. 🤢🙄🤮✅ Put the shoe on the other foot and try reading this claptrap.
  20. I always liked the Costco Kirkland vanilla. Cream was the first ingredient, followed by milk. No vegetable oil like that garbage Holanda.
  21. If you adjust the alkalinity first, keeping the pH in the proper range will be easier. Any 5 way test kit will have an alkalinity test. You already have muriatic acid for reducing pH. Get some baking soda to treat low alkalinity(add thru the skimmer). High alkalinity is treated with acid, just like high pH.
  22. Personal attacks. old people become children all over again. patti
  23. A water softener is very helpful with most tankless instant on hot water heaters. The high mineral content of non-softened water fouls the components and needs to be serviced a lot more to remove the deposits.
  24. Ken's is a good thousand island dressing.
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